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Anadarko to disconnect Colorado gas lines following fatal explosion

May 17, 2017 10:52 AM ETAnadarko Petroleum Corporation (APC) StockAPCBy: Carl Surran, SA News Editor2 Comments
  • Anadarko Petroleum (APC +0.2%) says it will permanently disconnect all underground gas lines for the 3K-plus vertical wells it owns and operates in northeastern Colorado's DJ Basin, in response to the fatal home blast near one of its old wells there.
  • APC shares have slid 8% since Colorado investigators linked an April explosion that destroyed a house and killed two people to a gas leak from cut and abandoned flow lines from a well the company owns; APC has since shut in its vertical wells in the region and began inspecting them, prioritizing those near homes.

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